ReferIndia News Wall Street Surges as Tensions with Iran Ease

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Wall Street Surges as Tensions with Iran Ease

Published on: June 12, 2026, 12:05 a.m. | Source: Devdiscourse

Wall Street's major indexes surged following President Trump's announcement that planned strikes against Iran were canceled. Negotiations with Tehran showed progress, leading to a sharp drop in oil prices and a rebound in stocks. Technology stocks corrected, while Oracle shares plunged despite broader market gains.

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